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Listing provided courtesy of CompassMREDas Distributed by MLSGrid- MLS# 12628610MLS Provider

1523 W Devon AvenueChicago, IL 60660

Commercial
$549,900 Active

1523 W Devon Avenue Overview

Time on Site:
47 days
Visits:
1

Attention investors and operators! This is an excellent opportunity featuring two charming storefronts located near the lakefront and Loyola University. The property also includes two apartments above the commercial spaces, with tenants responsible for their own utilities. Additional highlights include two rear parking spaces. This location is ideal for local businesses such as insurance, accounting, or law offices. The building is fully rented and generates strong income. Don't miss this promising investment.

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1523 W Devon Avenue Facts & Features

  • Type Commercial

Details

General

Income/Expenses

  • Other Expense: 0
  • Electric Expense: 251
  • Existing Lease Type: Gross
  • Fuel Expense: 0
  • Gross Income: 63600
  • Gross Scheduled Income: 63600
  • Insurance Expense: 2800
  • Trash Expense: 0
  • Water Sewer Expense: 2678

Building Information

  • Year Built: 1901

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: CHI - Edgewater

Rent/Lease Information

  • Tenant Pays: Electricity, Heat

Tax Information

  • Tax Annual Amount: $9,040.92
  • Tax Year: 2024

General Information

  • Parcel Number: 14051000150000
  • Property Type: Commercial Sale
  • Zoning: OTHER

Interior

General Information

  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Stories: 2

Exterior

Lot Information

  • Additional Parcels: No
  • Lot Size Dimensions: 25 X 112
  • Lot Size Square Feet: 2825

Building Exterior/Construction

  • Construction Materials: Brick, Wood

General Information

  • Number Of Units Total: 4

1523 W Devon Avenue Neighborhood

Community

60660 (CHICAGO) Demographics

35
Median Age
29,982
Population Density (per sq. mile)
58%
College Educated
$53,365
Estimated Median Income
7,216
Estimated Total Home Owners
13,407
Estimated Total Renters
35% / 65%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

1523 W Devon Avenue Monthly Cost

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$ %
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$
$
Randall Fowlkes
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1523 W Devon Avenue Market Data

Based on the last 30 days in this zip code

$381,543
Average List Price
$373
Average Price per Square Foot
37
Properties Sold
47
Average Days on Market
116
Properties for Sale
Calculations provided by Reliance Network

1523 W Devon Avenue History

Date Event Value Agent
5/14/2026Source: MRED Added to Database
May 14, 2026